All statistics collected, compiled and published by MAS are governed by Chapter 19 of the Banking Act.

Section 26 of the Banking Act empowers MAS to collect data from the banks “for the proper discharge of its functions” and allows MAS to prepare and publish consolidated statements aggregating such information. The Securities and Futures Act (SFA) and the Insurance Act requires Capital Markets Intermediaries, Regulated Markets and Clearing houses and Insurance companies to submit financial returns to MAS.

Central bank survey

The analytical accounts of the central bank are based on the accounts of the Monetary Authority of Singapore (MAS). The Board of Commissioners of Currency, Singapore (BCCS) has merged with MAS since October 1, 2002.

The data on the analytical accounts of the central bank are disseminated by the MAS as a service to the public.

Under the Banking Act (Section 26), all data collected are confidential between MAS and the individual financial institutions.

Section 26(6) of the Banking Act states that MAS shall treat any information received from the bank under section 26 as secret while section 26(7) provides an exemption to the secrecy rule by allowing MAS to prepare and publish consolidated statements.

Central bank survey

Monetary Authority of Singapore (MAS)

Under the Banking Act (Section 26), all data collected are confidential between MAS and the individual financial institutions.

Section 26(6) of the Banking Act states that MAS shall treat any information received from the bank under section 26 as secret while section 26(7) provides an exemption to the secrecy rule by allowing MAS to prepare and publish consolidated statements.

Copies of the Banking Act, the Securities and Futures Act and the Insurance Act and amendments are disseminatedvia the MAS Internet website (http://www.mas.gov.sg), under the heading "Regulations, Guidance and Licensing".

The first release of the data on the analytical accounts of the central bank is available on the MAS website (http://www.mas.gov.sg)and the time series data is published in the Monthly Statistical Bulletin.

The data are compiled in accordance with the IMF guidelines for computation of monetary authorities data for the IMF's International Financial Statistics publication. Queries concerning the methodology can be directed to the contact point below.

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